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6 students die, others missing in Benue boat mishap

By Peter Duru Makurdi —No fewer than six persons, mainly students returning to school, have been confirmed dead following a boat mishap at Buruku crossing in Buruku Local Government Area of Benue State. Many others are also still missing after the wooden boat conveying passengers across the river bank late on Monday night. Sources in […]

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Man, 33, sentenced to death for raping 2 children, woman in Calabar

By Ike Uchechukwu CALABAR —A Cross River State High Court sitting in Calabar has convicted and sentenced Okon Effiong, a 33-year-old man to death for aggravated assault, rape and armed robbery. The convict was sentenced by Justice Blessing Egwu, on Monday. Vanguard gathered that Effiong had, alongside four others, gang-raped a lady and two children […]

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Court grants Anthony Joshua’s driver bail, adjourns trial to Feb 25

By James Ogunnaike ABEOKUTA —A Magistrate’s Court sitting in Sagamu, Sagamu Local Government Area of Ogun State, has granted bail to Adeniyi Kayode, the driver, who conveyed former world heavyweight boxing champion, Anthony Joshua, and two members of his team before a fatal road accident. Kayode was admitted to bail in the sum of N5 […]

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Lawyer allegedly shoots man dead during masquerade display in Rivers

By Davies Iheamnachor PORT HARCOURT— There was palpable tension in Omoku Town, Ogba/Egbema/Ndoni Local Government Area of Rivers State, as a lawyer allegedly shot a youth leader, Emmanuel Nkemjika, dead during a masquerade display in the area Monday evening at Omoku. It was gathered that the lawyer had picked a gun from his car and […]

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Nigerian Industrial Policy: FG targets 25% manufacturing contribution to GDP

The federal government has unveiled the Nigerian Industrial Policy (NIP) aimed at driving value addition, industrial growth, employment creation across the country, and ensuring that the manufacturing sector contributes up to 25 percent to the nation’s Gross Domestic Product (GDP). Minister of State for Industry, Senator John Enoh, stated this at the soft launch of the […]

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FG highlights incentives to boost manufacturing under new tax laws

By Yinka Kolawole The federal government, through the Presidential Committee on Fiscal Policy and Tax Reforms, has highlighted some of the incentives in the new tax laws aimed at boosting the manufacturing sector in Nigeria. Speaking at a stakeholders engagement with the Manufacturers Association of Nigeria (MAN) themed, “From Legislative Assembly to Factory Floor: What the […]

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Businesses face costly credit as maximum lending rates reach 46%

By Babajide Komolafe Businesses across key sectors of the   economy are grappling with prohibitive borrowing costs as maximum lending rates charged by banks rose   to as high as 46 per cent. Vanguard analysis of banks’   deposit and lending rates published by the Central Bank of Nigeria (CBN)   show that while prime lending rates largely hovered between […]

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Acquisition of new fighter aircraft from Italy’ll strenghten Nigeria’s airpower – CAS

The Chief of Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, has said that the acquisition of the M-346 Fighter Aircraft from Italy by the Federal Government will strengthen Nigeria’s Airpower and Deterrence in the fight against national security threats, especially terrorism, banditry and economic sabotage.

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